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JANUARY 22, 2015 | BY Bill Reid
Financial & Housing Market Update (220115) - The European Central Bank
The European Central Bank (ECB) has just announced a programme of Quantitive Easing (Buying bonds (pumping money into the economy)) at 60 billion Euros per month from March until the end of 2016. This is far more than the markets expected, showing that at long last they are taking matters seriously or the problem is worse than we thought! Either way, now that they are addressing the problem it can only be good news for the UK economy and therefor our housing market.
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